Net Worth Ranker
What Is Scottie Pippen’s Net Worth?
Scottie Pippen, a retired American professional basketball player, has accumulated a net worth of $20 million. This figure reflects earnings from his 17 seasons in the NBA, endorsement deals, and other ventures.
NBA Career Earnings and Contracts
During his NBA career, Scottie Pippen earned $109 million in salary alone. His contracts included a 7-year, $18 million extension signed ahead of the 1991 season with the Chicago Bulls. This contract paid him approximately $2.6 million per year during a time when Michael Jordan was earning over $30 million annually.
Later in his career, Scottie Pippen signed a five-year $67.2 million contract with the Houston Rockets before the 1998-1999 season. He also earned an additional $10 million during his final two seasons when he returned to the Chicago Bulls.
Endorsements and Early Career
Scottie Pippen initially wore Avia sneakers before transitioning to Nike, where he released several signature shoes, including the Pippen 1 in 1997. He also secured endorsement deals with Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola. The specific financial details of these endorsements are not publicly available.
Born Scotty Maurice Pippen on September 25, 1965, in Hamburg, Arkansas, he was the youngest of 12 children. Scottie attended Hamburg High School, where he led the basketball team to the state playoffs and received all-conference honors. He began his college basketball career at the University of Central Arkansas.
NBA Career Highlights and Achievements
Scottie Pippen made his NBA debut on November 7, 1987, playing 23 minutes against the Philadelphia 76ers and scoring 10 points. By the 1988 NBA Playoffs, he had secured the starting small forward position, helping the Bulls reach the conference semifinals.
In 1990, Scottie Pippen was selected as an NBA All-Star for the first time. During the 1990-91 season, he recorded his first triple-double on November 23 against the Los Angeles Clippers, scoring 13 points, 12 assists, and 13 rebounds in 30 minutes. He was named to the NBA All-Defensive Second Team for his efforts during that season. He was instrumental in the Bulls winning six NBA titles, contributing significantly to their record-breaking 72-win season in 1995-96.
Scottie Pippen played a crucial role in the Chicago Bulls’ two three-peat championship runs, securing titles in 1991, 1992, 1993, 1996, 1997, and 1998. After 11 seasons with the Bulls, he was traded to the Houston Rockets in 1998. From 1998 to 2003, he played for the Portland Trail Blazers before returning to the Bulls for the 2003-04 season.
Post-Retirement and Team Ambassador Role
On July 20, 2003, Scottie Pippen signed a two-year, $10 million contract with the Chicago Bulls. He announced his retirement on October 5, 2004. In January 2008, he briefly returned to professional basketball, playing two games in Scandinavia for Torpan Pojat in Finland and Sundsvall in Sweden. Scottie Pippen returned to the Bulls on July 15, 2010, as a team ambassador. In 2012, he was appointed senior advisor to Michael Reinsdorf, the Bulls’ president and COO.
Olympic Achievements and “Dream Team”
Scottie Pippen was a member of the original “Dream Team” for the United States men’s Olympic basketball team at the 1992 Olympics in Barcelona. The team won the gold medal, making Pippen and Michael Jordan the first players to win both an NBA championship and an Olympic gold medal in the same year. Scottie Pippen repeated this feat in 1996.
Personal Life and Relationships
Scottie Pippen has been married twice. He married Karen McCollum in 1988, and they had a son, Antron, in 1987. They divorced in 1990. He married Larsa Younan, also known as Larsa Pippen, in 1997. They have four children: Scotty Jr. (born 2000), Preston (born 2002), Justin (born 2005), and Sophia (born 2008). They divorced in 2021.
Scottie Pippen also has a daughter, Sierra Pippen (born 1995), with his former fiancée Yvette De Leon, and a daughter, Taylor Pippen (born 1994), with former girlfriend Sonya Roby. Taylor’s twin sister, Tyler, died nine days after birth. His son, Scotty Jr., plays for the Los Angeles Lakers, and his daughter, Sophia, appeared in the first season of “Dancing with the Stars: Juniors.”
Financial Issues and Legal Disputes
Scottie Pippen faced financial challenges, including a dispute with a former financial advisor, Robert Lunn. In 2016, Scottie Pippen sued Lunn, alleging that Lunn squandered $20 million of his money. Lunn reportedly invested over $7 million with a friend who subsequently declared bankruptcy. Lunn also advised Pippen to purchase a Gulfstream private jet for $4 million, which required an additional $1 million in repairs. In March 2016, Lunn was sentenced to three years in prison for fraud, including forging Scottie Pippen’s signature on a $1.4 million loan.
Real Estate Holdings
In 2004, Scottie and Larsa Pippen acquired a 10,000-square-foot home on 2.6 acres in Highland Park, Illinois, for $2.225 million. The property was listed for sale in 2016 for $3.1 million and eventually sold in late 2021 for just under $2 million. The house features six bedrooms, five and a half bathrooms, a home movie theater, a sauna, a game room, a brick wine cellar, and a custom-built indoor basketball court.
Scottie Pippen previously owned a mansion in Harbor Beach, Fort Lauderdale, which was listed for sale in 2010 for $16 million. The Venetian-style mansion includes a pool, basketball court, gourmet kitchen, game room, media room, and waterfront views. Scottie Pippen sold this property in September 2021 for $10.54 million.
